Deutsche Boerse (OTCMKTS:DBOEY) Sees Large Volume Increase – Still a Buy?

Deutsche Boerse AG (OTCMKTS:DBOEY) saw unusually-strong trading volume on Thursday . Approximately 363,863 shares traded hands during mid-day trading, a decline of 19% from the previous session’s volume of 450,446 shares.The stock last traded at $29.16 and had previously closed at $29.02.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Deutsche Boerse in a research note on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Deutsche Boerse currently has an average rating of “Hold”.

Deutsche Boerse Stock Performance

The business’s fifty day moving average price is $26.61 and its two-hundred day moving average price is $26.01. The firm has a market capitalization of $53.55 billion, a P/E ratio of 24.15, a PEG ratio of 3.89 and a beta of 0.46.

Deutsche Boerse (OTCMKTS:DBOEY) last announced its quarterly earnings data on Wednesday, February 11th. The financial services provider reported $0.33 EPS for the quarter, beating the consensus estimate of $0.32 by $0.01. The firm had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.58 billion. Deutsche Boerse had a net margin of 32.32% and a return on equity of 19.23%. Sell-side analysts predict that Deutsche Boerse AG will post 1.12 earnings per share for the current year.

About Deutsche Boerse

Deutsche Börse AG is a Germany‑based provider of marketplace infrastructure, trading technology and post‑trade services to the global financial industry. The company operates electronic trading platforms and derivatives markets, offers clearing and settlement services, and supplies market data, analytics and index products to investment banks, brokers, asset managers and listed companies.

Key businesses within the group include electronic equity trading via the Xetra trading system, derivatives trading through the Eurex exchange, and post‑trade and custody services provided by Clearstream.